Chap. 683.—An ACT to incorporate the Independence and Comer’s Rock Tele-
phone Exchange.

Approved April 2, 1902.

1. Be it enacted by the general assembly of Virginia, That A. J..
Martin, R. F. Cornett, J. W. Catron, 8. C. Cornett, W. W. Parks, G. A.
Rhudy, 8. C. Hackler, and W. F. Rhudy, and such other persons as they
may associate with them, and their successors, be, and they are hereby,
created and constituted a body corporate by the name of the Independence
and Comer’s Rock Telephone Exchange, by which name it shall have per-
petual succession, may sue and be sued, contract and be contracted with,
and shall have all the rights and privileges of a corporation under the
general laws of Virginia, including all such rights as by said laws are
given to telephone companies and other works of internal improvement,
and be subject also to all the regulations and restrictions imposed by the
laws of the State in relation to chartered companies.

2. The capital stock of said company shall not be less than one hun-
dred dollars nor more than five thousand dollars, divided into shares of
ten dollars each, and each share shall be entitled to one vote in every
meeting of the stockholders. It shall not be necessary to give notice of
the openings of subscriptions to stock, but the same may be subscribed
in such manner and at such times as a majority of said corporation sha!
determine.

3. The officers of said company shall be a president, a secretary, an
treasurer, and a board of directors of not less than five persons: pre
vided, however, that the secretary and treasurer may be the same perso
and the officers may also be members of the board of directors. Ta
officers of said company for the first year shall be as follows, to-wit
A. L. Martin, president; R. F. Cornett, vice-president; J. W. Cairen
treasurer, and L. C. Cornett, secretary; and A. L. Martin, W. W. Parts
G. A. Rhudy, 8S. C. Hackler, and W. F. Rhudy the board of directors.

4. The said company shall have power to erect and maintain poles an:
wires along the public roads of Grayson and: adjoining counties, subjec
to the approval of the board of supervisors and of the county courts «
said counties, respectively, and subject to the rights of adjacent land
owners. It shall also have power to acquire all estate or easements nece:
sary for the convenient erection and maintenance of this line, offices
and so forth, and for the general conduct of its business.

5. The said company may acquire, by purchase or lease, any of the
property or rights of any other telephone company, and may make an;
contracts with any other such companies consistent with the laws of thi:
State.

6. The said company, through its board of directors, shall have power
to make by-laws and regulations for its government not inconsistent
with the laws of the State.

%. All taxes or demands due or to become due to the State of Virginia
from the said company shall be paid in currency, and not in coupon:
The general assembly reserves the right to amend, alter, or repeal this
charter.

8. This act shall be in force from its passage.